{"id":12322,"date":"2025-09-12T21:53:09","date_gmt":"2025-09-12T21:53:09","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/12\/defence-stocks-soar-grse-mazagon-dock-jump-up-to-6-on-new-order-wins-markets-news\/"},"modified":"2025-09-12T21:53:09","modified_gmt":"2025-09-12T21:53:09","slug":"defence-stocks-soar-grse-mazagon-dock-jump-up-to-6-on-new-order-wins-markets-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/12\/defence-stocks-soar-grse-mazagon-dock-jump-up-to-6-on-new-order-wins-markets-news\/","title":{"rendered":"Defence Stocks Soar: GRSE, Mazagon Dock Jump Up To 6% On New Order Wins | Markets News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9567258\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">September 12, 2025, 12:38 IST<\/time><\/p>\n<h2 id=\"asubttl-9567258\" class=\"jsx-c9f81425ec968c48 jsx-4135352380 asubttl-schema\">Shares of defence companies surged on September 12, pushing the Nifty India Defence index higher by nearly 3%<\/h2>\n<div class=\"jsx-7dd6bcc4782610a2 artsharwrp\">\n<div id=\"artshare\" class=\"jsx-7dd6bcc4782610a2 artshare\">\n<div class=\"jsx-7dd6bcc4782610a2 stickdiv\">\n<div class=\"jsx-7dd6bcc4782610a2 deskwrapstkdiv\">\n<div class=\"jsx-7dd6bcc4782610a2 fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" title=\"font\" class=\"jsx-7dd6bcc4782610a2 lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"jsx-c9f81425ec968c48 jsx-4135352380 amimg\"><img decoding=\"async\" alt=\"Defence Shares Rally\" title=\"Defence Shares Rally\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-c9f81425ec968c48 jsx-4135352380\"\/><\/p>\n<p>Defence Shares Rally<\/p>\n<\/figure>\n<p id=\"0\" class=\"story_para_0\">Shares of defence companies surged on September 12, pushing the Nifty India Defence index higher by nearly 3 per cent to 7,922 as of 10:42 am. The rally was supported by fresh order wins and heavy trading volumes across several key stocks.<\/p>\n<h3>GRSE, MTAR Lead the Charge<\/h3>\n<p id=\"2\" class=\"story_para_2\">Garden Reach Shipbuilders &amp; Engineers (GRSE) emerged as the top gainer, jumping nearly 6 percent to Rs 2,490.20. The stock saw active volumes of nearly 13 lakh shares, almost double its 10-day average. Notably, today is also the record date for determining shareholders eligible for its Rs 4.9 per share dividend.<\/p>\n<p id=\"3\" class=\"story_para_3\">MTAR Technologies followed with a gain of almost 6 per cent to Rs 1,619. The company recently announced orders worth $43.87 million (approximately Rs 386 crore) from Bloom Energy Corporation. Trading volumes in the stock were three times higher than the 10-day average.<\/p>\n<h3>Broader Gains Across Defence Pack<\/h3>\n<p id=\"5\" class=\"story_para_5\">Astra Microwave Products rose nearly 5 per cent, while Mazagon Dock Shipbuilders advanced more than 4 per cent. September 19 has been set as the record date for Mazagon Dock\u2019s Rs 2.71 per share dividend.<\/p>\n<p id=\"6\" class=\"story_para_6\">Paras Defence and BEML shares added close to 4 per cent each, supported by strong volumes. Paras Defence also announced incremental orders worth Rs 26.6 crore from Opto Electronics Factory for supplying electronic control systems for battle tanks to the Indian Armed Forces.<\/p>\n<h3>Dividend Buzz Supports Rally<\/h3>\n<p id=\"8\" class=\"story_para_8\">Bharat Dynamics (BDL) and Hindustan Aeronautics (HAL) gained around 3 per cent apiece, with BDL\u2019s Rs 0.65 per share dividend record date scheduled for September 19. Solar Industries, Cochin Shipyard, and Bharat Electronics (BEL) also rose over 2 per cent each. For Cochin Shipyard, today marks the record date to determine eligibility for its Rs 2.25 per share dividend.<\/p>\n<div class=\"jsx-95088aad1b3c53cd atawrap\">\n<div class=\"jsx-95088aad1b3c53cd atadetailwrp\">\n<div class=\"jsx-95088aad1b3c53cd ataname\"><span class=\"jsx-95088aad1b3c53cd atthumb\"><\/p>\n<figure class=\"jsx-95088aad1b3c53cd\"><img decoding=\"async\" alt=\"Aparna Deb\" title=\"Aparna Deb\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/?impolicy=website&amp;width=60&amp;height=60\" class=\"jsx-95088aad1b3c53cd\"\/><\/figure>\n<p><\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd attitle\"><a href=\"https:\/\/www.news18.com\/byline\/aparna-deb-20948.html\" class=\"jsx-95088aad1b3c53cd atamail\">Aparna Deb<\/a><\/p>\n<p>Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a&#8230;<span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<p>Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a&#8230;<!-- --> <span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-4135352380 atbtlink fp\"><span>First Published:<\/span><\/p>\n<div class=\"rs\">\n<p>September 12, 2025, 12:38 IST<\/p>\n<\/div>\n<\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-c9f81425ec968c48 jsx-4135352380 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/markets\/defence-stocks-soar-grse-mazagon-dock-jump-up-to-6-on-new-order-wins-9567258.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:September 12, 2025, 12:38 IST Shares of defence companies surged on September 12, pushing the Nifty India Defence index higher by nearly 3% Defence Shares Rally Shares of defence companies surged on September 12, pushing the Nifty India Defence index higher by nearly 3 per cent to 7,922 as of 10:42 am. The rally&#8230;<\/p>\n","protected":false},"author":1,"featured_media":11147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-12322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/12322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=12322"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/12322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/11147"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=12322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=12322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=12322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}